Finance
The accounts year traditionally ran from Oct to Sep. When the Club secured CASC status it seemed prudent to align the financial year with the tax year. The financial year for 2017 ran from Oct16 to Mar18. However that just introduced complications and confusion. A "short" account year was therefore introduced 01Apr21 to 30Sep21 but still represented a full season's activities. Hereafter the financial year runs again consistently from Oct to Sep as it did prior to 2017. Projected accounts are posted and updated monthly.
In 2017 the Club undertook financial restructuring into three separately accountable business streams covering Bowls, Tennis and Allotments. Each pays an agreed proportion to the site costs including lease, insurance, site and Clubhouse maintenance.
All funds are held in two central bank accounts. The No 2 account was created in 2020 that processes 100 plus Club monies only.
From 2022 a more detailed consolidated report was introduced which summarised current performance against the previous four years, previous accounts reconstructed into a consistent format.
Robert Goodhand, Michael Adams and Diane Baker are signatories to the two Club accounts.
Robert Goodhand Treasurer 11Oct22